ROCKVILLE, MD
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)AMERICAN LATVIAN ASSOCIATION IN THE UNIT, founded in 1951, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. Net assets of $8.8M represent 94 months of operating reserves.
THE AMERICAN LATVIAN ASSOCIATION (ALA) IS THE MAIN REPRESENTATIVE ORGANIZATION FOR THE LATVIAN AMERICAN COMMUNITY. THROUGH 100 MEMBER ORGANIZATIONS, CHURCHES, CLUBS AND SOME 4,000 INDIVIDUAL MEMBERS WE REPRESENT OVER 90,000 PEOPLE OF LATVIAN DESCENT LIVING IN THE US. WE ARE A NONPROFIT, TAX EXEMPT EDUCATIONAL AND CULTUAL ORGANIZATION. ALA SUPPORTS CULTURAL ACTIVITIES AND FACILITATES COOPERATION WITHIN THE LATVIAN AMERICAN COMMUNITY. WE PROMOTE THE STUDY OF LATVIAN LANGUAGE, HISTORY AND CULTURE. WE ENSURE THE AVAILABILITY OF LATVIAN SCHOOLS, BOOKS AND TEACHING MATERIALS FOR OUR CHILDREN. WE ASSIST NEWLY ARRIVED IMMIGRANTS WITH INFORMATION ABOUT THE USA AND WE PROVIDE HUMANITARIAN AID TO PEOPLE IN LATVIA. ALA SEEKS TO FACILITATE THE PEACEFUL AND DEMOCRATIC DEVELOPMENT OF LATVIA BY PROMOTING UNDERSTANDING AND SUPPORT FOR LATVIA THROUGH INFORMATIONAL EFFORTS IN THE USA.
EDUCATION: ALA'S EDUCATIONAL PROGRAMS INCLUDE ALL PROGRAMS AND PROJECTS RELATING TO LATVIAN LANGUAGE EDUCATION, ASSISTANCE TO LATVIAN SCHOOLS, DISTRIBUTION OF EDUCATIONAL MATERIALS, AND EDUCATIONAL...
EDUCATION: ALA'S EDUCATIONAL PROGRAMS INCLUDE ALL PROGRAMS AND PROJECTS RELATING TO LATVIAN LANGUAGE EDUCATION, ASSISTANCE TO LATVIAN SCHOOLS, DISTRIBUTION OF EDUCATIONAL MATERIALS, AND EDUCATIONAL TRIPS TO LATVIA.
CULTURE: PROVIDES SUPPORT TO LATVIAN ESTABLISHMENTS TO BE ABLE TO CONGREGATE AND HOST CULTURAL EVENTS, PROVIDES AWARDS FOR CULTURAL PROJECTS LIKE MOVIES, BOOK PUBLISHING, ETC. ALSO PROVIDES SUPPORT...
CULTURE: PROVIDES SUPPORT TO LATVIAN ESTABLISHMENTS TO BE ABLE TO CONGREGATE AND HOST CULTURAL EVENTS, PROVIDES AWARDS FOR CULTURAL PROJECTS LIKE MOVIES, BOOK PUBLISHING, ETC. ALSO PROVIDES SUPPORT AND AID TO LV BY PROVIDING AWARDS TO UNDERPRIVILEGED CHILDREN AND FAMILIES IN LV IN COLLABORATION WITH NGOS CHILDREN'S FUND OF LATVIA AND ANGEL'S HEART.
INFORMATION: ALA'S INFORMATIONAL PROGRAMS INCLUDE ALL ORGANIZATIONAL REPRESENTATIONAL AND PR ACTIVITIES, THE DISSEMINATION OF INFORMATION ABOUT ALA'S PROGRAMS AND EVENTS AS WELL AS CURRENT EVENTS IN...
INFORMATION: ALA'S INFORMATIONAL PROGRAMS INCLUDE ALL ORGANIZATIONAL REPRESENTATIONAL AND PR ACTIVITIES, THE DISSEMINATION OF INFORMATION ABOUT ALA'S PROGRAMS AND EVENTS AS WELL AS CURRENT EVENTS IN LATVIA, AND ACTIVITIES PERTAINING TO ALA MEMBERSHIP AND THE ANNUAL MEMBERSHIPCONGRESS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,121,349 | $784,218 | +0.4% |
| Expenses | $1,135,796 | $1,106,977 | +0.0% |
| Net Income | $-14,447 | $-322,759 | -1.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARTINS ANDERSONS | PRESIDENT | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDREJS KANCS | VICE PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANITA GRIVINS | TREASURER | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| IEVA DEXTER - THROUGH OCT 2024 | SECRETARY | 5.00 |
Director
|
$0 | $0 | $0 |
| KRISTINE GIGA THROUGH OCT 2024 | FUNDRAISING DIRECTOR, MEMB | 5.00 |
Director
|
$0 | $0 | $0 |
| LINDA ZALITE - THROUGH OCT 2024 | DIRECTOR OF INFORMATION OF | 5.00 |
Director
|
$0 | $0 | $0 |
| DZINTARS DZILNA | DIRECTOR OF PUBLIC AFFAIRS | 5.00 |
Director
|
$0 | $0 | $0 |
| ELISA FREIMANIS | DIRECTOR OF OFFICE OF EDUC | 10.00 |
Director
|
$0 | $0 | $0 |
| VALDA GRINBERGS | DIRECTOR OF OFFICE OF CULT | 10.00 |
Director
|
$0 | $0 | $0 |
| MIKELIS GIGA | DIRECTOR OF OFFICE OF SPOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DIANA KARKLINS | DIRECTOR OF OFFICE FOR SUP | 5.00 |
Director
|
$0 | $0 | $0 |
| INESE STRAVELLI NONVOTING | DIRECTOR OF ALA CULTURAL F | 5.00 |
Director
|
$0 | $0 | $0 |
| RENATE GRAVERS NONVOTING | ALA LATVIAN MUSEUM VISITOR | 5.00 |
Director
|
$0 | $0 | $0 |
| INGRIDA HEINZE | SECRETARY | 5.00 |
Director
|
$0 | $0 | $0 |
| ALEKSANDRA MALINOVSKIS | MEMBERSHIP DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| IEVA DEXTER | DIRECTOR OF INFORMATION OFFICE | 5.00 |
Director
|
$0 | $0 | $0 |
| MARISA GUDRAIS | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$87,934 | $8,460 | $96,394 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,121,349 | $1,135,796 | $9,023,610 | $-14,447 |
| 2023 | $784,218 | $1,106,977 | $8,689,428 | $-322,759 |
| 2022 | $964,751 | $1,231,992 | $8,371,321 | $-267,241 |
| 2021 | $1,038,954 | $1,192,428 | $10,024,665 | $-153,474 |
| 2020 | $2,727,858 | $931,725 | $9,595,633 | $1,796,133 |
| 2019 | $1,848,233 | $1,218,266 | $8,320,436 | $629,967 |
| 2018 | $1,287,901 | $1,407,733 | $6,924,264 | $-119,832 |
Compare AMERICAN LATVIAN ASSOCIATION IN THE UNIT with other nonprofits in Maryland and across the country.